Dell shares fall despite growing AI server business

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This quarter, Dells earnings were in line with Wall Streets forecast. Dell has emerged as a top vendor for AI-oriented servers, which are in high demand as companies invest in infrastructure for predictions and generative AI. Earlier this year, Nvidia CEO Jensen Huang called out Dell founder Michael Dell at a conference as the person to contact to place orders for the companys new chips. Dell said that it recorded $2.6 billion of "AI-optimized" server orders during the quarter. Dells division for PCs and laptops, called Client Solutions Group, showed flat growth on an annual basis with sales of $12.0 billion.

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